Abstract
Abstract:Public Private Partnerships (PPPs) are the cooperation between the state and the private sector in the planning, realization, financing and operation of traditionally public services. In the area of road infrastructure, they are implemented as F-, A- or V-models. Statements on the profitability of PPP projects are always subject to case studies. As a rule, financing costs for PPPs will be higher than for conventional procurement. Cost savings in PPP, on the other hand, are empirically relatively low, since independent and transparent studies hardly exist. Finally, there are considerable doubts as to whether PPP projects contribute to an increase in efficiency from a macroeconomic perspective and deliver a relevant contribution to the solution of infrastructure problems in Germany. This seems especially to be true with respect to the intended establishment of a federal infrastructure company for motorways.
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